Duration Gold Limited is a Zimbabwe focused, private, emerging gold producer and explorer. The company, majority owned by Clarity Capital and its employees, currently has a global resource base of 4.2 million oz of gold. Formed in 2006, Duration partnered with two long standing Zimbabwean mining families, the Muirs and the Thompsons, and now owns 5 core assets with historic production of 4.6 million oz. Each core asset has the potential to produce over 1 million ounces of gold. Duration is licensed to market and sell its gold on the open market. It sells gold at international spot prices and receives freely transferable foreign currency in return. The company is cash flow positive and generates a healthy monthly EBITDA from its current operations. Duration's objective is to develop its existing asset base into a 350,000 oz per year producer based on five bankable feasibility studies targeted for completion by 2014. Acquisition of additional producing and advanced stage assets will continue to bolster the company's annual production. To find out more please join us at the the Table.
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